Stories Tagged as
Purchasing power
When assessing inflation, it's not just the data, it's also the narrative
May 17, 2024
The CBO data show purchasing power rising across all income groups, but the numbers reflect averages, and individuals' experiences vary.
Wage hikes lighten the burden of inflation, but it still weighs on some workers
Dec 18, 2023
Average pay raises last year slightly outpaced inflation but the price rises of previous years are still hurting some.
September's real wages are expected to rise
Oct 9, 2023
And that would mean your paycheck's purchasing power would be getting a boost relative to inflation.
Wage growth may be slowing, but consumers still have the power to spend
by
Justin Ho
Jul 28, 2023
Wages are rising faster than prices. So on average, people’s purchasing power is increasing.
Wages rise ... but prices rise more
Mar 31, 2022
If wages were to rise as fast as prices right now, it could lead to a wage-price spiral, something the Fed is trying to prevent.